JSW Steel’s net sales and profit after tax (PAT) for Q2FY25 are expected to decline significantly. Various brokerages predict revenue to decrease by up to 8.5% and PAT to drop by 71-80% year-on-year. The company will report its earnings on October 25, 2023. Estimates show a challenging quarter ahead for the steel giant.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may